Single state pensioners on low incomes are set to receive an additional cash boost of up to £47.23 per month, following a 4.8% increase in Pension Credit that took effect from April. The rise, which aligns with the state pension triple lock increase, raises the standard minimum guarantee for single claimants to £238 per week, up from £227.10. Over the full tax year, this amounts to an extra £566.80, averaging £47.23 per month.
The Department for Work and Pensions (DWP) confirmed that the benefit is now worth an average of £4,300 per year. Pension Credit is available to those of state pension age living in England, Scotland, or Wales on a low income, regardless of other income, savings, or home ownership. It is paid separately from the state pension.
Beyond the monthly cash boost, Pension Credit unlocks additional financial support, including help with housing costs, council tax reductions, free TV licences, and assistance with NHS treatment costs. The DWP stated: 'The government has already delivered above-inflation increases worth up to £395 in real terms over this Parliament. By its end, pensioners’ annual incomes are expected to rise by up to £2,100 – boosting financial security for millions.'
To encourage uptake, the DWP launched a trial last year after analysis revealed regional disparities, with the lowest uptake in the south west. Minister for Pensions Torsten Bell urged eligible pensioners to apply, saying: 'We’re committed to supporting harder-up pensioners however we can. Pension Credit is a simple way to give those who need it the most some extra support with bills or a free TV licence.'
Applications can be made up to four months before reaching state pension age, and can be backdated by up to three months. The DWP provides an online calculator to estimate potential entitlement.
